Share This Posting from BizBen.com
Share this listing with a friend, colleague, or interested buyer!
Lawndale, Los Angeles County, California
Wide Reaching Reputable Indy Auto Health Agency
Asking Price
$3,100,000
Revenue
$64,000
Down
Call/Email
Cash Flow
$507,000
Description
Modern Technology has been implemented for greater efficiency, making the operation turn-key and the ability to handle the high volume of premiums.
The Business is well-suited for a growing agency, those that want to expand offerings, and those looking for cross-sales opportunities (with commercial and financial products that this agency does not market heavily), for a steady residual income. The Mercury appointment is from 20 years ago and brings in the most revenue.
NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: Excellent location at a reasonable rate, conveniently located near freeways and several busy communities. The 1500 square foot space with room to spare and expand is $2500 per month.
Competition: Through new marketing and lead generation efforts, competitors do not offer the same competitive carriers or customer service.
Growth & Expansion: The Seller is finalizing a new appointment that will allow writing policies for civil service and government employees. This means greater diversification and opportunities for adding new clients and cross-sales with Home and Auto insurance.
Financing: May be entertained under agreeable terms and conditions.
Support & Training: To ensure a smooth transition and ongoing success the Seller will work with a buyer for a month, longer as an on-call consultant, or as negotiated.
Reason for Selling: The Seller is going to retire and dedicate his time to his real estate holdings.
Posting Information
Posting ID:
281085
Business Category:
Banking & Finance, Service
Business Types:
Insurance Service, Insurance Brokerage
Keywords:
auto
health
home
insurance
book
lawndale
los angeles county
california
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Wide Reaching Reputable Indy Auto Health Agency
Posting ID
#281085
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
Recommended Businesses
Torrance, California
Well-Established South Bay Mercury & P&C Book
$ 1,800,000
CF : $ 486,423
This South Bay-based Mercury and Independent Property & Casualty book of business has provided comprehensive coverage of its community’s evolving needs for nearly 30 years. Thanks to long-standing relationships with top carriers such as Mercury, Safeco, Kemper, Progressive, National General, Foremost, and Pacific Specialty, the business operates as a comprehensive insurance hub. Potential Buyers of this book MUST have a California Mercury Appointment. Individuals and local business owners have long benefited from tailored auto,general liability, renters, commercial, watercraft, motorcycle, and umbrella policies. The Seller boasts high retention rates and a stable base of long-term clients. Retention is approximately 93% for P&C, representing stable, long-term clients. The policy breakdown is approximately 23% homeowners, 70% auto, and 5% commercial. There are 806 Mercury policies. The use of modern technology has made processes more efficient, turning the operation into a turnkey operation for a Buyer. The business uses QQ Catalyst CRM and integrated rating platforms, including FSC Rater and PL Rater. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Online / Remote
Elite Agency Allstate in Los Angeles County
$ 1,500,000
CF : $ 400,000
For sale is an Elite Status Allstate Agency located in the southern part of Los Angeles County. Specializing in insurance services and brokerage, this agency boasts remarkable performance in both new business and renewals. The staff, having been with the agency for many years, is highly experienced. The owner, who is renowned as one of the finest agencts in the state of California, provides top caliber training to the staff and has set superior corporate goals. This agency operates remotelyand through office location. It offers flexibility and the ability to reach clients far and wide. For additional information, please contact Dale Huffman 714-928-5138. These opportunities do not come along often in the Allstate Agency Insurance Business. Staff is in place, Lease in place, and the owner is retiring with an Agency at a Loss Ratio in the 40's and a Retention in the 90's. If you want an opportunity that has been around for over 30 years, this is your chance if qualified.
South Gate, California
Non-Standard Insurance Agency w/Multiple Revenue Lines
$ 450,000
CF : $ 60,000
Founded by a minority entrepreneur, the agency was established in the 1990s with a mission to provide accessible insurance solutions and empower underserved clients. The agency addressed a significant market gap and tailored products for the Hispanic community. By focusing on educating clients via personalized service and multilingual support, the company established a strong reputation and loyal client base. The agency maintains active appointments with a diverse group of carriers, including Kemper-Infinity, Safeway, National General, Bristol, Foremost, Aspire, Pacific Specialty, First Connect, Thimble, HCC, CNA Surety, Aegis, Lemonade, Bridger, and Agentero MGA. All carrier relationships are in good standing, with no known concerns regarding cooperation or policy transfers. Buyer must have their own Safeco appointment to be eligible for this acquisition. As part of its commitment to the community, the business also offers Live Scan fingerprinting, tax preparation, and DMV registration, each of which provides consistent and growing revenue. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Los Angeles County, California
Farmers Insurance Agency - Established
$ 399,000
CF : $ 225,000
Are you a driven entrepreneur or insurance professional looking for a new challenge? Do you want to own a successful business with a strong brand reputation? Look no further! We're offering an exceptional opportunity to acquire a well-established Farmers Insurance agency, with a loyal customer base and a proven track record of success. This agency has a history of providing top-notch insurance solutions to individuals, families, and businesses in the local community. Key Highlights: - Established agency with a strong reputation and customer loyalty - Current book of business at $2,600,000 - Consistent revenue stream and growth potential - Trained and experienced staff in place (Broker will provide training) - Comprehensive training and support from Farmers Insurance - Prime location with high visibility and foot traffic (on Main Road, corner office) - Plenty of parking and walk-in traffic in shopping center Ideal Buyer: - Experienced insurance professionals or entrepreneurs - Those looking for a new challenge or business opportunity - Individuals with a passion for helping others and building strong relationships Asking Price: $399,000 Artesia, Cerritos Contact Information: If you're interested in learning more about this exceptional opportunity, please contact us at realvestgroup2@gmail.com or (714) 860-7276 or (424) 413-1216. Don't miss out on this chance to own a thriving Farmers Insurance agency! For an easy fillable electronic NDA, please copy and paste the link below in your browser and follow simple instructions. https://www.signwell.com/new_doc/qkEFggR6UyP7m0ns/
Los Angeles County, California
liquor
$ 575,000
CF : $ 200,000
Well- established liquor store located in a high-traffic area with consistent customer flow throughout the day. The seller is motivated to sell due to partnership issues, creating a great opportunity for a n ew owner. Business Hours; 7-12 am Rent; $3,900/month Size; Approx: 2,000 sf(including back storage room) Parking; Street parking only Lotto Income; Approx. $3,000 /month in commission ABC License: No restrictions/conditions Currently, the business does not accept EBT/food stamps.Adding EBT has strong potential to increase revenue and customer base. This is a solid business with good rent and strong upside potential for an owner-owner -operator
Lawndale, California
Liquor Store - Freestanding, Current Owner 15 Yrs
$ 640,000
This is a freestanding liquor with parking spaces in the back, front, and street. It has been under current ownership for over 15 years and is run by all employees. It has heavy traffic and behind it are many residential areas. Adding more business hours and check cashing can increase potential. ** Business Hours; 8-12 am ** All employee run (3 full time) ** Size; about 2,000sf/ rent will be $5,000 including NNN charges. ** New Lease terms are up to 10 years and possible to get option 5 years. ** Lotto Yes, ATM, Yes. ** The seller wants to retire from the business after 15 years. All information was given by the seller/buyer's responsibility to verify all numbers. All information provide by the seller is deemed reliable but not guaranteed. Brokers have not audited said information Buyers are strongly urged to conduct their own investigation and check for the accuracy of said information during the the diligence period. Please only the buyers no brokers.
Milford, Ohio
Allstate Insurance Agency - Well Established (OH#5)
$ 2,500,000
For sale is a well-established 20-year agency in Milford, Ohio, which is right outside of Cincinnati. It is only minutes from a major shopping center with plenty of visibility from the main street. It is well-managed, seasoned staff to likely transition to a new owner. It is approximately $6.5 million in total premium that consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. Company: Allstate City/State: Milford, Ohio County: Clermont Zip Code: 45150 Location Available: Office location is around 1 block away from a major intersection/shopping center with great signage and visibility from main street. Rent/Lease Terms: Originally was 5 years. Last 7 years have been month to month Rent/Lease Rate: $675/Month F&E Available: One Meeting room and 6 Workstations Years In Business: In business for 20 years and in this location for 12 years Location Photos: Available upon request Current Agency Staffing: 4 Producing staff members. 2 Focus on service and 2 on sales. All licensed, 3 with L/H licenses. They are long term employees and they will likely transition with the new owner! Asking Price: $2,500,000 Annual New/Renewal Revenues: Confidential until NDA signed Earned Premium: $6,500,000+ Brokered Book Bank Financing Available: Local and National lender referrals available upon request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required. Detailed Financial Reports: NDA required. OH#5
Missouri
Allstate Insurance Agency - Financing Possible (MO#7)
$ 249,000
For sale is an established, $1.5 million ECP agency in dynamic and growing St. Peters, MO, just outside of St. Louis. The agency consists of a preferred auto and homeowner customer base with an excellent opportunity for growth in cross sales, as well as life/financial services. This agency sale creates a wonderful opportunity as it is a turnkey operation. The current owner is available to assist with transition and guidance. This won't last long on the market. The office is in a professional complex with high traffic, good visibility, and signage; approximately 1,620 sq ft with 7 workstations. Neighboring businesses include financial services, chiropractors, and insurance. Rent/Lease Terms: 3-year lease with renewal options, current lease expires Sept. 2023. Rent/Lease Rate: $1,620 per month. F&E Available: Furniture and equipment convey. Years In Business: Almost 2 years in this location. Location Photos: Available upon request. Current Agency Staffing: Three seasoned sales professionals with one customer service. Annual New/Renewal Revenues: Confidential until signed NDA received. Earned Premium: $1.5 Million. Bank Financing Available: Local and national lender referrals are available upon request. Seller Financing Available: If necessary, terms negotiable; Satisfactory collateral required. Detailed Financial Reports: Confidential until signed NDA received.
Recommended Brokers
ProInter
Jack Oh
Power Realty & Investments
Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989 Cell / Text.
Southern California
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
The Ryan Craig Company is in its 46th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself. Recent sales include facilities in 6 Southern California counties, ranging in price from 100,000 to over 5,000,000. Now, in response to a strong...
Southern California
ProInter
George Lanza
Plethora Businesses
Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses. Although the listing core of Plethora is in Southern California, Plethora represents clients throughout the world seeking Business and Merger & Acquisition...
Southern California
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups, as our team is comprised of former Small Business Owners, M&A Specialists, Investment Bankers, and Consultants.
Southern California
ProInter
Ran Kim
VR Business Brokers
Since 1982, we have been helping buyers and sellers of small businesses achieve their goals. With over 25 experienced associates who speak more than a dozen languages, we are proud to serve California’s diverse business community. Our office is centrally located at the crossroads of Los Angeles and Orange Counties, with convenient access to Riverside and San Bernardino Counties as well. We are...
Southern California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. The Ace Organization Makes Sure That All Buyers And Sellers Feel Like They Are Part Of The Ace Family And Truly Taken Care Of Throughout The Acquisition...
Nationwide, USA
ProInter
Matt Manavi
Transworld Business Advisors of Orange
Transworld Business Advisors is a world leader in the marketing and sale of businesses, franchises, and commercial real estate. Transworld offers professional services that brings buyers and sellers together whether you represent an acquisition minded corporation or are personally interested in owning your own company. Services Offered Sell and Buy any business type; Corporate M&A;...
California
ProInter
Lee Petsas
UBI Business Brokers
Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations. You can reach Lee direct at 714-363-0440. UBI Business Brokers has been successfully selling businesses in Southern California since 1965. Our Agents...
Southern California
ProInter
Dustin Sigall
SD Business Advisors
With over 800 businesses sold nationwide since 2007, SD Business Advisors is the largest and most experienced group of Business Advisors in Southern California. We specialize in selling companies across all industries. From main street to middle-market M&A transactions. We match qualified buyers with quality businesses while maintaining strict confidentiality. SD Business Advisors is a member...
San Diego, Orange County Areas, Inland Empire
ProInter
Harry Sidhu
Mission Peak Brokers, Inc.
Harry Sidhu is a dream maker. By making his own dreams come true as one of the most successful business and commercial real estate brokers in the Bay Area, Harry understands how important it is to have a dream, work hard to see it come true. Harry named his brokerage Mission Peak to honor the incredible beauty of this Bay Area treasure but to also symbolize the deep fulfillment of pursuing your...
SF North Bay Area, SAC Area, Central Valley
ProInter
Matt Weiler
California Business Broker
Business Broker Specializing in primarily gas stations. Geographic area of focus: San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.To sell or buy a small or large gas station sales, car washes, liquor stores, convenience stores, laundromats, dry cleaners, and small-to-mid-sized business transactions. Call Matt (gas station business broker specialist)...
San Francisco Bay Area, North Bay, San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.
ProInter
Ryan Rienhart
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc. - Preschool Center Specialist
I have 30 years of experience, working, founding, owning, operating, consulting, and selling preschools. I'm very knowledgeable with procedures that are required for selling preschools. My practice, knowledge and education in both the Early Childhood Development field and the Real Estate field, puts me ahead in understanding the complexities and care that are needed for the sale of preschool...
SF Bay Area, North Bay, Sacramento
ProInter
Bashir Tariq
Century 21 Masters | Commercial Division
Business Sales and Commercial Real Estate All types of Business Sales, Purchases and Commercial Properties • Car Washes, Gas Stations, • Automotive Service Centers & Car Lots • Fast Food, Restaurants and Franchises • Liquor Stores & Convenience Markets • All types of Business Sales • Service-Tech Based Businesses • Retail Shopping Centers, Investment Properties • Multi-Family Properties &...
Califonia, Nevada
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 3000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon and he has written over 100 articles which can be found in the News Section of RRC’s website under Restaurant Rap. Prior to...
California
ProInter
Ralph Santos
Healthcare Biz Brokers
I specialize in Los Angeles County Area healthcare sales such as skilled home health agencies, hospice agencies, residential care facilities for the elderly, medical practices and more. When you are looking at creating a legal and binding business purchase or sale, you need to be extremely careful. There are literally tons of questions that you need to pose to both your agent and to the other...
Los Angeles, Ventura Counties
ProInter
Mani Singh
TNW Business Brokers
Specializing in practice limited to sales and acquisition of businesses solely, I have 20+ years of Buyer and Seller representation and negotiation experience and have successfully assisted clients sell and acquire a multitude of businesses - including Gas Stations, Liquor Stores, Markets, Super Markets, Franchised and Independent Restaurants, Bars, Retail and Service Related, Dry Cleaners,...
California
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sunbelt of Sacramento, California is the exclusive franchisee representative of Sunbelt Business Brokerage for the Northern California territory. Headquartered out of the Sacramento region, Sunbelt of Sacramento covers multiple counties in Northern California, representing both Sellers and Buyers in Main Street as well as Mid-Market business transactions. Sunbelt of Sacramento provides full...
Sacramento, Placer, Yolo El Dorado Counties
View More